s********9
发帖数: 372 | 1 Is there anyone familiar with 203K which is a renovation loan?
I am a first-time house buyer and I am interested in a bank owned house. But
this house does need some work and this kind of loan.
So I was just wondering about it.
Thanks very much for your explanation. |
b*d
发帖数: 9308 | 2 如果这个房子不是Liveable的Condition，银行是不会贷款的。建议买第一个房子还是
不要碰这类的。
But
【在 s********9 的大作中提到】
: Is there anyone familiar with 203K which is a renovation loan?
: I am a first-time house buyer and I am interested in a bank owned house. But
: this house does need some work and this kind of loan.
: So I was just wondering about it.
: Thanks very much for your explanation.
|
s********9
发帖数: 372 | |
N**s
发帖数: 1916 | 4 it is ok. the purpose of 203k is to set up some escrow to fix the house so
that it is livable and qualified for a loan. |
s********9
发帖数: 372 | 5 So you mean that we need to apply for the 203K and then the loan?
Thanks
so
【在 N**s 的大作中提到】
: it is ok. the purpose of 203k is to set up some escrow to fix the house so
: that it is livable and qualified for a loan.
|
N**s
发帖数: 1916 | 6 对。
【在 s********9 的大作中提到】
: So you mean that we need to apply for the 203K and then the loan?
: Thanks
:
: so
|
s********9
发帖数: 372 | 7 so generally speaking, how long does it take for the application?
Thanks
【在 N**s 的大作中提到】
: 对。
|
